Funding you earn now, next payment 00:00 UTC−0.0167%/8h= −18.3% APRnext payment −$0.21 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against Nado−0.005%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 3 days (all we have)+0.040%+$4 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now −0.005%, 7d avg −0.055%
=Together, before fees−0.024%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.050% dearer against Nado than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.055%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SNDK-PERP | 1,775.8 | 0.0163 | pay 0.0020% / 1h | 12m 21s | $355K | $1.4M | 10x |
| Short | QFEX SNDK-USD | 1,775.8 | −0.0004 | pay 0.0000% / 1h | 12m 21s | $2.2M | $21.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$35.04
- Price spread: −0.005% → −0.055%
- $5
- Slippage, 4 orders
- −$8.99
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$56.02
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage from Nado: live order book, 6 min ago; QFEX: live order book, 7 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 6 min ago | 0.28 bp | 7.1 bp −$7 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.15 bp | 6.2 bp −$6 | 6.7 bp −$67 | 10.8 bp −$1,081 | doesn't fit |
SNDK on 40 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SNDK-USDT | −0.0120% | 8h | 1,775.8 | 0.000% | $4.1M | $4.5M | 75x | as long as short |
| Entropy io:SNDK | −0.0084% | 1h | 1,776 | +0.009% | $4.6M | $20.4M | 10x | as long as short |
| QFEX SNDK-USDshort | −0.0004% | 1h | 1,775.8 | −0.005% | $2.2M | $21.6M | 10x | |
| Aster SNDKUSD1 | 0.0000% | 8h | 1,776.3 | +0.026% | $21.8M | $46.5M | 20x | as long as short |
| Binance SNDKUSDT | 0.0000% | 8h | 1,775.9 | +0.002% | $283.5M | $1.88B | 75x | as long as short |
| Bybit SNDKUSDT | 0.0000% | 8h | 1,776 | +0.008% | $31.6M | $105.6M | 100x | as long as short |
| OKX SNDK-USDT-SWAP | 0.0000% | 8h | 1,775.9 | +0.004% | $86.8M | $844.5M | 75x | as long as short |
| Gate SNDK_USDT | 0.0000% | 8h | 1,775.5 | −0.017% | $184.0M | $240.2M | 75x | as long as short |
| Bitget SNDKUSDT | 0.0000% | 8h | 1,775.9 | +0.004% | $47.8M | $171.8M | 75x | as long as short |
| Variational Omni SNDK | 0.0000% | 8h | 1,777.7 | +0.103% | $2.6M | $4.7M | — | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SNDK_USDT_Perp | 0.0000% | 8h | 1,777.9 | +0.116% | $12K | $1.0M | 10x | as long as short |
| Phoenix SNDK | 0.0000% | 1h | 1,777.6 | +0.099% | $277K | $195K | 15x | as long as short |
| Bullet SNDK-USD | 0.0000% | 1h | 1,775.7 | −0.009% | $15K | $291K | 10x | as long as short |
| SunX SNDK-USDT | 0.0000% | 8h | 1,774.8 | −0.060% | $873 | $3.9M | 20x | as long as short |
| HTX SNDK-USDT | 0.0000% | 8h | 1,775.9 | +0.001% | $1.5M | $11.0M | 50x | as long as short |
| Phemex SNDKUSDT | 0.0000% | 8h | 1,776.1 | +0.012% | $2.8M | $1.0M | 50x | as long as short |
| Deribit SNDK_USDC-PERPETUAL | +0.0003% | 1h | 1,776.1 | +0.016% | $50K | $305K | 10x | as long as short |
| Aftermath Perps SNDKUSD | +0.0014% | 1h | 1,776.8 | +0.054% | $671 | $37K | 5x | as long as short |
| RISEx SNDK/USDC | +0.0018% | 1h | 1,777 | +0.063% | $174K | $1.8M | 20x | as long as short |
| Lighter RH SNDK | +0.0032% | 1h | 1,775.9 | +0.005% | $1.3M | $10.0M | 10x | as long as short |
| Extended SNDK_24_5-USD | +0.0032% | 1h | 1,775.8 | −0.002% | $412K | $1.6M | 10x | as long as short |
| Injective SNDK/USDC PERP | +0.0033% | 1h | 1,800 | +1.358% | $36 | $15K | 12x | as long as short |
| Arcus SNDK-USD | +0.0040% | 1h | 1,775.1 | −0.040% | $285K | $1.6M | 10x | as long as short |
| Vest SNDK-USD-PERP | +0.0046% | 1h | 1,775.4 | −0.024% | — | $670K | 10x | as long as short |
| Popdex SNDKUSDT | +0.0048% | 1h | 1,775.8 | −0.002% | $244K | $670K | 20x | as long as short |
| tradeXYZ xyz:SNDK | +0.0050% | 1h | 1,775.6 | −0.013% | $113.2M | $151.9M | 10x | as long as short |
| Polymarket Perps SNDK-USD | +0.0050% | 1h | 1,775.2 | −0.036% | $192K | $135K | 10x | as long as short |
| SoDEX SNDK-USD | +0.0050% | 1h | 1,775.7 | −0.006% | $726K | $538K | 10x | as long as short |
| Paradex SNDK-USD-PERP | +0.0050% | 8h | 1,775.6 | −0.016% | — | — | 5x | as long as short |
| Ondo Perps SNDK-USD.P | +0.0050% | 1h | 1,775.3 | −0.030% | $1.4M | $4.9M | 5x | as long as short |
| Aevo SNDK-PERP | +0.0080% | 1h | 1,775.5 | −0.021% | $1K | — | 10x | as long as short |
| edgeX SNDKUSDC | +0.0080% | 4h | 1,776.8 | +0.056% | $564K | $356K | 10x | as long as short |
| Coinbase International SNDK-PERP-INTX | +0.0096% | 1h | 1,779 | +0.179% | $441K | $2.4M | 10x | as long as short |
| Pacifica SNDK | +0.0100% | 1h | 1,776.1 | +0.014% | $211K | $281K | 10x | as long as short |
| KuCoin SNDKUSDTM | +0.0100% | 8h | 1,776.4 | +0.034% | $6.0M | $22.2M | 20x | as long as short |
| ApeX Omni SNDKUSDT | +0.0100% | 1h | 1,777.6 | +0.097% | $68K | $268K | 50x | as long as short |
| Orderly PERP_SNDK_USDC_mythos | +0.0100% | 8h | 1,775.3 | −0.030% | $8K | $2K | 20x | as long as short |
| Lighter SNDK | +0.0120% | 1h | 1,776.7 | +0.050% | $1.6M | $16.4M | 20x | as long as short |
| Nado SNDK-PERPlong | +0.0163% | 1h | 1,775.8 | long leg | $355K | $1.4M | 10x | |
| Kraken Futures PF_SNDKUSD | +0.0456% | 1h | 1,776.2 | +0.020% | $129K | $405K | 20x | as long as short |
BloFin SNDK-USDT
Aster SNDKUSD1
Binance SNDKUSDT
Bybit SNDKUSDT
OKX SNDK-USDT-SWAP
Gate SNDK_USDT
Bitget SNDKUSDT
Variational Omni SNDK
GRVT SNDK_USDT_Perp
Phoenix SNDK
Bullet SNDK-USD
SunX SNDK-USDT
HTX SNDK-USDT
Phemex SNDKUSDT
Deribit SNDK_USDC-PERPETUAL
Aftermath Perps SNDKUSD
RISEx SNDK/USDC
Lighter RH SNDK
Extended SNDK_24_5-USD
Injective SNDK/USDC PERP
Popdex SNDKUSDT
tradeXYZ xyz:SNDK
Polymarket Perps SNDK-USD
SoDEX SNDK-USD
Paradex SNDK-USD-PERP
edgeX SNDKUSDC
Coinbase International SNDK-PERP-INTX
Pacifica SNDK
KuCoin SNDKUSDTM
ApeX Omni SNDKUSDT
Lighter SNDK
Kraken Futures PF_SNDKUSD